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10 Ways To Play IT Safe
State-sponsored and individual bad actors will escalate supply chain cybersecurity risks. Here are 10 threats and trends to look out for across business, governmental, and personal arenas: 1. Software updates—the new Trojan Horse. Criminals use the normal software update process to get companies to infect all their clients, which then affects everyone down their software […]
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Fraud Goes Broad
The use of analytics to mitigate third-party supply chain fraud, waste, and abuse risk jumped to 35 percent in 2017 from 25.2 percent in 2014,according to a Deloitte poll. Between 2014 and 2017, an average of 30.8 percent of poll respondents report at least one instance of supply chain fraud, waste, and abuse in the […]
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Multi-Stop Steps
If you suspect that carriers reject multi-stop truckloads more often than single-stop loads, you’re only partially right. While carriers dislike specific factors about multi-stop, you can employ some strategies to make multi-stop freight more attractive to carriers and better control your costs. Here are four ways shippers can reduce rates and increase acceptance of multi-stop […]
Read MoreValentine’s Day Logistics
$2 billion Amount spent in 2017 on flowers for Valentine’s Day 250 million Number of roses grown specifically for February 14 Colombia, Ecuador, the Netherlands, and Kenya Top four suppliers of roses in the world. Roses don’t grow in the United States in February so they need to be imported from these top […]
Read MoreTracking Trucking
Data scientists at fleet management solutions provider Omnitracs recently conducted some research into what the trucking industry looked like in 2016 vs. 2017. The main findings revolved around Hours of Service (HOS) and Key Performance Indicator (KPI) metrics. HOS takeaways, based on data from January to October for 2016 and 2017 Drivers on average drove […]
Read MoreIndustrial Technology and the Supply Chain: Is 2018 the Year We Turn a Corner?
2017 may be remembered as the year we finally figured it out. After years of spending on the components of industrial technology, professionals in the supply chain and manufacturing disciplines should begin to see the fruits of their investments, as new capabilities and efficiencies begin to surface. 2018 won’t be so much about discovering anything […]
Read More5 Things to Consider When Choosing an ELD Provider
Now that the ELD Mandate has taken effect, fleet operators and logistics managers have a lot to consider. Many—still around one million—trucks still do not have an ELD (electronic logging device) installed and many fleet operators are still evaluating whether or not to roll the dice and even adhere to the mandate. Those who do […]
Read MoreSupply Chain Collaboration: Myth or Reality?
Today’s supply chains are more complex than ever before—that is one of the surest realities of supply chain collaboration. And, due to a lack of collaboration, the supply chain sector is realizing a negative impact resulting from the increased time it takes to make critical decisions. This is why supply chain collaboration (SCC) is such […]
Read MorePredictive Applications Take Supply Chains into the Future
Anything can happen in the supply chain–trucks break down, ships get rerouted, goods are stolen, parts are faulty, ports close, dockworkers go on strike, and supplier production lines go down. This uncertainty causes companies to buffer inventories beyond what is necessary to service forecasted demand just in case something goes wrong. But this is an […]
Read More4 Common Fees to Monitor for Supply Chain Savings
As logistic departments focus more time and energy on meeting fast order fulfillment, it can become inherently difficult to save money without changing the mix of services used to less premium ones. More often than not, managers are squeezing their network like a tube of toothpaste: getting every last drop out. Take advantage of the […]
Read MoreClinical Trial Supply 2018 Report: The Quest to Shrink Wastage Levels
In meeting the growth ahead for clinical trials there must be a focus on efficiency as their supply already suffers from major issues with wastage levels. This is lack of control is problematic with the rising public scrutiny on spending by pharmaceutical companies. Forecasting and demand planning When sites are under supplied, sponsors may be […]
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Three Transportation Innovations that Can Deliver Short-Term ROI
Managing transportation has become increasingly challenging as customers grow more demanding and the driver shortage constrains capacity. Innovations such as driverless vehicles loom as potential solutions, but have yet to reach commercial viability. That doesn’t mean transportation managers are forced to deal with process inefficiencies and data siloes while they wait for new technologies to […]
Read MoreSupply Chain Commentary: Sense, Shape, and Orchestrate Demand
Here’s a quick three-question test for supply chain professionals: Could you pinpoint the location and contents of a single shipment from San Francisco to Tokyo within a few minutes? How quickly would you know if a truck from Los Angeles to Denver had been compromised in a blizzard? If a customer in New Jersey is […]
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Why Adherence to SQF Requirements Is Crucial to Supply Chain Integrity
In early 2016, the U.S. Food and Drug Administration (FDA) finalized the Safe Quality Food (SQF) rule as part of the Food Safety Modernization Act (FSMA). The rule was created to help prevent both intentional and unintentional contamination of the food supply chain from farm to fork. The rule requires those transporting food by motor […]
Read MoreSupply Chain Commentary: Satisfying Customer Demand in a 365 E-Commerce Market
Today’s connected world has created catalysts of change from consumer shopping habits all the way to the last mile. Omnichannel retailing, combined with Amazon’s domination of the e-commerce world impacts shippers’ decision-making, driving change throughout the supply chain. This change has been so monumental that the term, Amazon Effect – relating to customer expectations of […]
Read MoreChina on a Logistics Spending Spree
Chinese companies are acquiring overseas warehousing, trucking, and other logistics service providers in record numbers as part of its goal to build a new Silk Road. Total acquisitions in Europe, Asia, and other regions by Chinese groups of logistics companies more than doubled in the first 11 months of 2017 compared to all of 2016, […]
Read MoreFive Reasons to Consider Cloud Services for Your Supply Chain
Supply chain and logistics management uses resources, processes, and technology to create solutions that deliver the right goods to the right place at the right time—as quickly and cost effectively as possible. Managers looking for technology to support those solutions may find that cloud computing offers some compelling options. Lower IT Infrastructure Costs Reducing costs […]
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It’s Now or NAFTA
The odds are “about 50-50” that NAFTA will be terminated, according to Gerónimo Gutiérrez, Mexico’s ambassador to the United States, following a fifth round of renegotiations among the United States, Mexico, and Canada on the nearly 24-year-old free trade agreement. “I remain concerned about the lack of headway,” said U.S. Trade Representative Robert Lighthizer in […]
Read MoreArtificial Intelligence Will Transform the Global Logistics Network in Three Key Areas
Two of the world’s most influential research and advisory firms predict major acceleration in artificial intelligence (AI) use as more businesses look to make the digital transformation leap. Forrester projects AI investment tripled in 2017, and Gartner expects AI to be pervasive in almost every new software product and service by 2020. With its cognitive […]
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Building Resilience in Your Global Supply Chain
If your company has a business continuity plan in place in the event of a supply chain disruption, you are not alone. Nearly 75 percent of organizations responding to a report published by the Business Continuity Institute and supported by Zurich Insurance Group have made business continuity arrangements related to supply chain management. Companies that […]
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